Howard University to invest more than $785 million in campus facilities

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Howard University in DC said it will spend $785 million over the next four years to fund a massive increase in new buildings on campus, as well as renovations to existing buildings.

Howard University in DC said it will spend $785 million over the next four years to fund a massive increase in new buildings on campus, as well as renovations to existing buildings.

The bulk of the money, $670 million, will be spent to construct three new academic buildings, including a new health sciences complex, a STEM center and an arts and communications center. The University Buildings for Education and the College of Mathematics and Science at Howard will also be renovated.

“The significant investment we are going to be able to make in the academic facilities on this campus is a generational activity for our students, faculty and staff, as well as our alumni here, said Rashad Young, senior vice president and Chief Strategy Officer at Howard. University, says. “It’s one of the most exciting things we’ve done at this university in a long time.”

The last time Howard constructed new university buildings was in 1984.

“We’ve worked tremendously over the past few years to really improve the university’s financial situation,” Young said. Howard was able to issue bonds for $300 million to help fund the first phase of these projects.

In total, approximately 60% of the money will be funded by the school in future years, with the rest coming from a combination of philanthropic donations and revenue generated from the development of properties the school owns near campus. .



“The fundraising can’t be overstated here,” Young said. “It plays a big role in what we’re going to be able to do in terms of academic renewal and moving this campus forward.”

He added that the place will look “radically different, all for the positive”, but in the short term, there, according to Young, means nuisances that come with major construction projects – a good problem to have. .

“Our teaching staff is excellent; they are remarkable. We have some of the brightest and best minds in the country teaching our students, and our students are some of the brightest and best minds in the country, Young said. “Now our academic programs and the strength of our faculty will be able to be in the spaces they deserve, which truly complements the strength of our teaching core and compliments the excellence of our students.”

The three new buildings will be located on 6th and 5th Streets, overlooking the McMillan Reservoir.

The Myrtilla Miner Building, housing Howard University’s School of Education and College of Mathematics and Science, is the only building that overlooks Georgia Avenue.

Construction is expected to begin in 2022 and end in 2026.

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